Ethan Marcovici
Blake Partners
Owner
Blake Partners portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$26.5 million – industrial 68.0%, specialty 26.0%; Queens 95.0%, Brooklyn 4.0%
1417th largest portfolio by dollar value
375,338 sqft – industrial 80.0%, specialty 17.0%;
746th largest by SF
8 properties – Manhattan 50%, Queens 37%
149th largest
6 residential units – Brooklyn 100.0%, Manhattan 0.0%
792th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $48 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $59.7 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Richard Basciano (2), Apple Bank (1), Trimont (1)
Top Ten Associated People:
Brittany Pevo (2), Howard Hsu (1), Ted Wright (1)
Recent activity as signatory:
• Blake Partners borrowed $47 million from Trimont for 303 West 42nd Street, 303 West 42nd Street, 300 West 43rd Street, and 300 West 43rd Street, Hell’s Kitchen, Manhattan on December 03, 2024.
• Richard Basciano sold 303 West 42nd Street and 303 West 42nd Street, Hell’s Kitchen, Manhattan for $17.8 million to Blake Partners on December 03, 2024.
• Richard Basciano sold 300 West 43rd Street and 300 West 43rd Street, Hell’s Kitchen, Manhattan for $30.3 million to Blake Partners on December 03, 2024.
• 700 Park Avenue cooperative borrowed $12.7 million from Apple Bank for 700 Park Avenue, Lenox Hill, Manhattan on October 11, 2024.